1973. The "new development model" begins in Brazil in the late 1960s, and later I called "modelo de subdesenvolvimento industrializado". Contrarily to what Celso Furtado predicted, income concetration benefiting the middle classes was behind the resumption of growth as it made aggregate demand consistent with the production of luxury consumption goods by multinationals. Spanish and English versions available. This paper elaborates on the 1970 article, "Dividir ou multiplicar: A distribuição da renda e a recuperação da economia brasileira". (Paper: Revista Dados)
INEQUALITY AND DISTRIBUTION
1970. It corresponds to "Dividir ou multiplicar?" (1970). It claims that the Brazilian "economic miracle" (1968-1973) signaled a new, export oriented, model of development that made consistent aggregate demand and supply of luxury goods by concentrating income from the middle class upwards. (Chapter 7 of Development and Crisis in Brazil: 1930-1983)
1970. My first analysis of the "new development model" that begins in Brazil in the late 1960s. Contrarily to what Furtado predicted, income concetration benefiting the middle classes was behind the resumption of growth as it made aggregate demand consistent with the production of luxury consumption goods by multinationals. "O novo modelo de desenvolvimento" (1973) elaborates on this paper. (Paper: Visão)
1968. Development defined as involving a Industrial and a National Revolution. (Chapter 1 of Development and Crisis in Brazil,1968)